** Bermudian specialty insurer Aspen Insurance's AHL.N shares rise ~3% to $33.46
** AHL returned to the New York Stock Exchange on Thursday after more than six years
** The stock closed up 8.3% at $32.50 on Thursday after rising as high as $34 in its NYSE return
** Parent Apollo Global APO.N sold 13.25 million shares in Aspen's upsized IPO to raise $397.5 million at $30 apiece
** Apollo will own about 84.3% of Aspen following the offering, according to an SEC filing
** Underwriters have a 30-day option to buy up to an additional 1,987,500 AHL ordinary shares
** Aspen previously traded on the NYSE from 2003 until 2019, when Apollo acquired it for $2.6 billion
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.